Listed by Salmon RE
$2,000,000
253 E Kingsbridge Rd
Details
APN 032930121
Property Type Multifamily
Sub Type Apartment Building
Square Footage 18,058
Units 11
Cap Rate 8.81%
Price per SqFt $111
Year Built 1913
Buildings 1
Stories 5
Lot Size (SqFt) 3,875
Zoning R8
Multifamily | 11 Units | $181,818/unit
Marketing description
A Five Story Pre-War Walk-up Apartment Building Containing 11 Rent Stabilized Apartments, in 15,648 Total
Usable Square Feet. Property is located in the heart of major retail shopping area in the Fordham/East
Kingsbridge section of the Bronx and is approximately 30 minutes from NYC. Built 1913.
Investment highlights
- Pre-war charm with historic signi昀cance, built in 1913, o昀ering a classic New York living experience
- Five-story walk-up with 11 rent-stabilized apartments, ensuring long-term tenants and consistent rental income
- Spacious 15,648 total usable square feet, providing ample living space for residents
- Situated in the robust Fordham/East Kingsbridge retail shopping area, giving residents convenient access to shopping and amenities
- Approximately 30 minutes from New York City, providing a desirable balance of urban accessibility and residential tranquility
- Price : $2,172,506 - $2,401,190
- Price per unit : $197.501 - $218,290
- Price per Sf : $120.31 - $132.97
Listing Contacts
Listed by Salmon RE
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